Tag: private-sector pension funds

Creative abstract money savings sketch on modern laptop monitor, accumulation and growth of money concept. 3D Rendering

The brief’s key findings are: Rising life expectancy makes defined benefit pension plans more expensive. The question is the extent to which state and local plans have already incorporated rising life expectancy into their cost estimates. The analysis explores how plan liabilities and funded ratios would be affected by using RP-2014, a new mortality tab…

Mature man is hired to handle outreach to senior adults

Abstract The government’s Railroad Retirement program is a clear anomaly in the U.S. economic landscape.  The program taxes employers and workers in a specific private-sector industry to provide pensions to workers in that industry.  Like Social Security, Railroad Retirement had been funded on a pay-as-you-go basis, with Trust Fund assets invested in government bonds.  In…